BUY

Shares have tumbled. Last week, they reported a good quarter though a light full-year forecast, because consumer confidence has slid due to tariffs. They have 43% market share in the US. They grew revenue in the US by 32% with 19% total revenue growth. They manage costs. There's room to grow with states like California and Texas still barring sports betting which is popular because it's a cheap form of entertainment, he thinks. 

DON'T BUY

International sports betting & gaming business (Poker Stars etc.).
$12 billion in revenues.
Total market for sports betting and gaming is growing.
Market share difficult to gain.
Challenging business model with uncertain regulation.
Consumer protection regulation & money laundering also a concern.
Would not recommend investing. 

BUY ON WEAKNESS

Online gambling business based in Europe.
Largest asset is USA business units DraftKings and Fan Duel.
Very well run company.
Managed excessive tech bubble well - didn't raise too much money.
Good to buy on share price weakness.


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Flutter Entertainment(FLTR-L) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Flutter Entertainment is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Flutter Entertainment(FLTR-L) Frequently Asked Questions

What is Flutter Entertainment stock symbol?

Flutter Entertainment is a OTC stock, trading under the symbol FLTR-L on the (). It is usually referred to as or FLTR-L

Is Flutter Entertainment a buy or a sell?

In the last year, 1 stock analyst published opinions about FLTR-L. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Flutter Entertainment.

Is Flutter Entertainment a good investment or a top pick?

Flutter Entertainment was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Flutter Entertainment.

Why is Flutter Entertainment stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Flutter Entertainment worth watching?

1 stock analyst on Stockchase covered Flutter Entertainment In the last year. It is a trending stock that is worth watching.

What is Flutter Entertainment stock price?

On , Flutter Entertainment (FLTR-L) stock closed at a price of $.